Chartwell Retirement Residences (TSE:CSH.UN) Set to Go Ex-Dividend, Offering a 3.4% Yield

Dividend Information: Chartwell Retirement Residences is going ex-dividend on August 29, with a dividend of CA$0.051 per share payable on September 15. Investors purchasing shares after the ex-dividend date will not receive this payment.

Sustainability Concerns: The company paid out 322% of its profits in dividends last year, raising concerns about sustainability; however, it only paid out 44% of its free cash flow, indicating better cash management.

Earnings Growth: Chartwell has shown significant earnings growth of 107% annually over the past five years, although its dividend growth has been modest at an average of 1.3% per year over the last decade.

Investment Caution: While Chartwell appears to be a decent dividend stock, there are three warning signs regarding its financial health, suggesting that investors should proceed with caution and consider other options.